New Figures Show Dramatic Drop In Unemployment Rates For Young Irish Men

New Figures Show Dramatic Drop In Unemployment Rates For Young Irish Men

Unemployment rates for young men have dropped 6% year-on-year. according to new figures released by the CSO. Their Q1 report for 2017 shows unemployment among males aged 15-24 currently stands at 14.3%, compared to 20.3% for the same period last year.

Across sexes, youth unemployment has dropped to 13.2%, with 160,000 young people now in the workforce, in comparison to 146,700 after Q1 of 2016. The overall unemployment rate has also dropped, from 8.4% to 6.7%.

The increase in the amount of young men in the workforce is particularly striking given that just two years ago a quarter of all males aged 15-24 were without work. While the sector breakdown for the age group isn't given, one would imagine the overall increase in the male dominated construction sector - up +8.5% - would go a long way to explaining where the new jobs have come from. Although, with that being said, the information and communication sector actually had the largest upward turn, up 8.8% year-on-year.

Unemployment rates among young females have not dropped as dramatically but are still lower than their male counterparts, with 12% of females aged 15-24 currently unemployed; a drop of 0.6% from last year.


Overall it's a great news to see more and more young people getting work, although there is still a good way to go if we are to get unemployment rates down to 2007/2008 levels, when they were last in the single figures.

Also read: Here's How To Make A LinkedIn That Isn't Shite

Mark Farrelly

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